There has been an explosion in the literature and research on environmental and resource economics in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The latest Yearbookincludes contributions on: *⊂ economics and the land use-environment link *⊂ issues in the economics of water use *⊂ the economics of residential solid waste management *⊂ population and the environment *⊂ subsidiarity, federalism and the environment *⊂ transboundary pollution and international cooperation *⊂ environmental valuation and standard economic theory.